Home Page : Archive News : December 2012 News : Brent Steadies Above $108, China Hopes Support; US Talks Eyed | |
Brent Steadies Above $108, China Hopes Support; US Talks Eyed | |
December 17, 2012 U.S. crude futures extended gains on Monday to around $87 a barrel, supported by hopes for higher Chinese demand, but gains were capped by concern about the risk of the U.S. stumbling into a recession in the absence of a deal to stop mandated tax rises. Source: http://www.cnbc.com/id/100318700 |